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Self-insured health plans—including HCSP—are subject to the Patient-Centered Outcomes Research Institute (PCORI) fee. This fee, which is a provision of the Affordable Care Act (ACA), supports clinical effectiveness research. It will be phased out after 2019. MSRS, the HCSP plan sponsor, is responsible for paying the fee. The 2019 assessment is $2 times the average number of lives covered by the plan. MSRS pays the fee from the plan sponsor account, which is funded by...
While the HCSP is not specifically addressed in the Affordable Health Care Act (ACA), the plan shares some similarities with a Health Reimbursement Arrangement (HRA). Therefore, in an abundance of caution, MSRS believes HCSP must be reported by the employer on a Form 1094/1095. For 2018, nothing has changed with respect to the ACA reporting. In 2019 the individual mandate penalty will be eliminated, but no word yet on how (or if) that will...